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Renewables Fail the Cost Test, Again

rfriedman Wrote: Jan 27, 2013 12:32 PM
Reminiscient of the Interstate Highway System. A toll-free network, unless a state had started construction before its enactment. Take a look at Delaware. One shovel qualified to make Delaware the highest toll per mile segment for anyone traveling from Maine to Florida. Delaware has no sales tax, one of the lowest income taes in the East. Just call it 'highway robbery'. Oh yes, that is the home state now of our illustrious vice-president.

The Federal Energy Regulatory Commission (FERC) has just released their Energy Infrastructure Update report, which shows how much new electric generating capacity was installed for 2012. According to the report, renewable energy sources (biomass, geothermal, solar, hydro, and wind) accounted for 49.10% of all new domestic electrical generating capacity installed in 2012 for a total of 12,956 MW. More than a quarter of that new capacity (25.29%, or 3,276 MW) reportedly came on-line in the month of December 2012 alone and wind led the way in 2012 with 164 new “units” totaling 10,689 MW.

Advocates of renewable energy are likely cheering...

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